Market Insights: Australia's Flexible Office Space Market Report - Q3 2024

The 5 Most Common Myths About Coworking

The 5 Most Common Myths About Coworking

As the pandemic has shifted in-person work for good, coworking and flexible offices have become a crucial part of businesses return-to-work strategy.

However, many people remain unaware of the many benefits that these flexible spaces provide. Here are five of the most common myths about coworking.

The future of work now depends on having more flexible options. Coworking solutions provide this flexibility, allowing companies to reduce their budgets, meet their employees' needs, or create a better company culture. Self-employed individuals can also find the right fit in a coworking solution that gives them another place to work outside the home.

There are many misconceptions about coworking solutions, whether they be about who can use them, how they work, or their advantages. Fortunately, the flexibility inherent in these spaces means they don’t have many cons. They can be catered to meet the needs of businesses with teams of 1 to 100 or more.

1. Coworking Spaces Are Just for Start-Ups

Photo:WeWork 1 Sussex Street

The tech startup world may have been one of the first industries to introduce open concepts and shared working space. So it’s easy for people to assume that coworking is used only by these young companies.

However, a range of professionals and businesses of all sizes now take advantage of coworking. With enterprise offices available in premium coworking spaces, businesses can take an office perfect for teams of 50 to 300. These spaces are also completely customisable and offer ultimate flexibility when it comes to rental terms. Companies such as Salesforce, Starbucks, Microsoft, Facebook, and Bank of America are just some of the big names that are utilising coworking spaces.

2. Coworking Spaces Are Distracting

Many people may shy away from coworking spaces because they think they’re full of commotion and energy. They’re afraid they’ll be distracted by other people and not get any work done. It’s easy to see why — coworking spaces may have stations to get coffee and snacks and an open concept, where people can chat.

However, with so many Coworking Operators each offering their own unique amenities and services, there are many premium offerings suited to professionals from all industries. Whether you need a corporate setting with a quiet atmosphere, or a buzzing office to help fuel creativity, there is an option for you.

3. Coworking Spaces Have No Privacy

Photo:Creative Cubes South Melbourne

Coworking is not all open-concept workspaces with no privacy. There are premium, fully-equipped meeting rooms, quiet zones, phone booths, and private offices.

Even if you have a dedicated coworking desk, if you need to take a private phone call, you can head to a phone booth or book a private meeting room. We found throughout the pandemic that parents would often book a coworking desk for the day, giving them more privacy than they would have had at home!

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4. Coworking Spaces Don’t Have Premium Facilities

Many people falsely believe that coworking spaces aren’t as nice as a regular leased office. But the truth is, that some of Australia's top coworking operators have locations in beautiful buildings with first-class facilities.

Today's coworking spaces have thoughtfully designed layouts, architecturally designed workspaces, modern end-of-trip facilities, and inclusive membership benefits. In prime locations in central CBD's or outer city suburbs, you'll be centrally located and well-connected to all forms of transport and parking options. Premium locations at much more affordable prices when compared with leased options.

5. Coworking Spaces Don’t Have Offices for Larger Teams

Photo:JustCo Flinders Street Melbourne

Larger businesses may think that coworking spaces don’t have space for growing teams. However, one of the top benefits of a coworking space is the flexible terms with discounts on 3, 6 or 12-month leases. This is perfect for teams who need to upscale or downscale at a moment's notice.

Additionally, most coworking operators have enterprise office solutions perfect for businesses looking for a new HQ or needing space for a project. Whether you need internal meeting rooms, manager offices, phone booths, a bean bag brainstorming corner, or just a casual lunch space, anything is possible.

Search and Compare the best coworking spaces in:

Sydney

Level 17, Angel Place, 123 Pitt Street Sydney

Up to 20 people
Private Offices

Level 26, 44 Market Street Sydney

Up to 10 people
Coworking Desks

Level 2, 11 York Street Sydney

Up to 10 people
Coworking Desks

Melbourne

440 Collins Street Melbourne

Up to 10 people
Coworking Desks
Up to 80 people
Private Offices

Level 4, 459 Church Street Richmond

Up to 10 people
Private Offices

Brisbane

310 Edward Street Brisbane

Up to 18 people
Private Offices

L10b, 144 Edward Street Brisbane

Up to 10 people
Coworking Desks

470 Saint Pauls Terrace Fortitude Valley

Up to 11 people
Private Offices

Perth

Up to 11 people
Private Offices

300 Murray Street Level 2 East The Wentworth Building Perth

Up to 10 people
Coworking Desks

Adelaide

91 King William Road King William Road Adelaide

Up to 10 people
Coworking Desks
Up to 10 people
Coworking Desks
Up to 10 people
Coworking Desks

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